$PEAS TVL going parabolic during a dull point on-chain. Wait until the majority of the market realise they can park their coins here for consistent & non-ponzi like APR for the rest of the cycle. $1B+ TVL might come faster than 100m did. This cycles $PENDLE is still cheap.
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According to glassnode data, the daily transaction fees on the BTC network (14-day SMA) recently dropped to 3.5 BTC, marking the lowest level since late 2011.
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Realized Profit sees a third massive spike ⚠️ Following up on my previous thread, here’s another update on RUP and Realized Profit. On August 14th, I warned about the risk of a three-phase RUP divergence, and at that time I also mentioned that we hadn’t yet seen a large Realized Profit spike. But this past Saturday—a weekend that should’ve been calm—Realized Profit quietly printed a huge candle‼️ As shown in the chart, the three-phase RUP divergence is now officially confirmed. In the red box at the bottom right, you can see that Realized Profit just printed a significant spike.
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